Definition of Tradeoffs:
Alternative key objectives all of which cannot be attained together in a decision, design, or project and their associated benefits and opportunity costs. Tradeoffs play a particularly important part in negotiations where the positions of the opposing parties can be quantified. See also tradeoff.
How to use Tradeoffs in a sentence?
- The tradeoffs were worth doing and my dad reassured me that our business would still be in good shape after they were done.
- When John was looking at a new job he had to consider the tradeoffs . The new opportunity would offer an extra week of vacation, but the expected hours of work were going to be much more.
- Jordan had to consider the tradeoffs between taking a week long vacation from work or finishing the major project he was working on that could potentially earn him a bonus.
Meaning of Tradeoffs & Tradeoffs Definition